Around 3,000 conductors and engineers who work for Canadian Pacific Railway went on strike on Tuesday evening after negotiations with the railway failed to yield a settlement prior to the strike deadline at 10pm eastern. Negotiations between the union and the railway are ongoing, with federal mediators involved. The union says it is willing to... Read More
Category: News
Bayer has gained conditional approval for its acquisition of Monsanto from the U.S. Department of Justice, which was the largest outstanding regulatory authorization left for the the US$66 billion deal. "Receipt of the DOJ’s approval brings us close to our goal of creating a leading company in agriculture," said Bayer CEO Werner Baumann, in a... Read More
Canadian ag retailers have a new tool to help their farmer customers adopt 4R nutrient stewardship practices. With the launch of Fertilizer Canada's new 4R designation toolkit, the industry organization says it will be easier for retailers to support farmers as they work to enhance management practices with the principles of 4R nutrient stewardship –... Read More
Realized net income on farms across Canada decreased by 2.5 percent to $8.3 billion last year, according to Statistics Canada's annual farm income report published on Monday. The agency says rising depreciation charges and higher operating expenses offset a small increase in cash receipts, resulting in the first decline since 2013. Expenses rise by 2.5... Read More
Canadian Pacific Railway has started working toward winding down certain operations ahead of a potential strike starting Tuesday night. The Teamsters Canada Rail Conference (TCRC) and the IBEW System Council No. 11, whose members include nearly 3,400 conductors, engineers and signal maintainers, on Saturday filed notice of their intent to go on strike. The earliest... Read More
USDA’s cattle on feed report, released on Friday, provided little drama as the numbers fell closely in line with expectations. Due to the Memorial Day long weekend in the US, the report was released mid day and the market closed slightly higher after the report was released. Total cattle on feed was estimated at 11.6... Read More
The boards of directors for Cereals Canada and the Canadian International Grains Institute (Cigi) have agreed to explore a possible "integration" of the two grain industry organizations. A working group, made up of directors from both boards, has been formed to examine how the two entities could work more closely together. The mandate of this... Read More
Alberta Beef Producers (ABP) and the Alberta Cattle Feeders' Association (ACFA) have announced they're aiming to hold a plebiscite this fall, with the goal of returning to a non-refundable provincial check-off. The two organizations announced a joint agreement "to strengthen our investment in the future of the beef industry" on Friday. They say they're looking... Read More
While consumer opinion is split on the health and safety of food and food ingredients derived from genetic modification (GMOs), the majority of Canadians support labeling foods that contain GMOs, according to a recent survey by Dalhousie University. Researchers at the university, led by Sylvain Charlebois, surveyed 1,046 Canadians in an effort to measure "attitudes... Read More
CN Rail says it is moving ahead with a previously discussed plan to purchase 1,000 new grain hopper cars over the next two years following the passage of Bill C-49 in Parliament earlier this week. "This substantial investment in higher capacity payload hopper cars, with up to 10 per cent more capacity than the older... Read More